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Securities

Jul. 21, 2006

Backdating Charges Filed Against Brocade

LOS ANGELES - Federal prosecutors brought criminal charges Thursday for the first time stemming from highly publicized accusations that some company officials backdated stock options to exploit favorable market conditions.

By Gabe Friedman
Daily Journal Staff Writer


LOS ANGELES - Federal prosecutors brought criminal charges Thursday for the first time stemming from highly publicized accusations that some company officials backdated stock options to exploit favorable market conditions.
      The targets were two former executives of San Jose-based Brocade Communications, a leading data storage company on whose board sat La...

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